GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.

General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the same period the previous year. The automotive giant's net income was impacted by over $5bn in special charges,

The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.

General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.

General Motors posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded billions in one-time charges because of recent changes to the automaker's business plans.

In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs. General Motors rewarded investors with a 48% gain in 2024,

Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the

General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts expecting a double-digit growth in pro

US automaker General Motors swung to a loss in the fourth quarter on huge charges related to China. But still it topped profit and revenue expectations on Wall Street. For the three months ended December 31, GM lost $2.96 billion, or $1.64 per share. A year earlier the company earned $2.1 billion, or $1.59 per share.

While Chrysler Corporation has yet other import any vehicles from China for the U.S. market, it is far from the most “made in the USA” of the Detroit Three.